Federal Bank Ltd has announced the financial information (provisional) for the period ended September 30, 2021 (Q2FY22).
- Total Deposits stood at Rs. 171995 crore (provisional) as of September 30, 2021, up 10% YoY as against Rs. 156747 crore as of September 30, 2020 and up 1.53% QoQ as compared to Rs. 169393 crore as of June 30, 2021.
- Customer Deposits was at Rs. 168743 crore (provisional) as of September 30, 2021, up 11% YoY as against Rs. 152021 crore as of September 30, 2020 and Rs. 164603 crore as of June 30, 2021.
- CASA stood at Rs. 62191 crore (provisional) as of September 30, 2021, up 18% YoY as against Rs. 52786 crore as of September 30, 2020 and up 5.48% QoQ as compared to Rs. 58959 crore as of June 30, 2021.
- Certificates of Deposit was at Rs. 1930 crore (provisional) as of September 30, 2021, up 5% YoY as against Rs. 1840 crore as of September 30, 2020 and Rs. 2428 crore as of June 30, 2021.
- Interbank deposits stood at Rs. 1323 crore (provisional) as of September 30, 2021, drops 54% YoY as against Rs. 2886 crore as of September 30, 2020 and Rs. 2362 crore as of June 30, 2021.
- Gross Advances was at Rs. 137309 crore (provisional) as of September 30, 2021, up 10% YoY as compared to Rs. 125209 crore as of September 30, 2020 and up 3.40% QoQ as against Rs. 132787 crore as of June 30, 2021.
- CASA Ratio stood at 36.16% (provisional) as of September 30, 2021, as compared to 33.68% as of September 30, 2020 and 34.81% as of June 30, 2021.
- Liquidity Coverage Ratio was at 225.94% (provisional) as of September 30, 2021, as against to 266.27% as of September 30, 2020 and 215.96% as of June 30, 2021.
The above information is subject to limited review by the statutory auditors of the Bank.
Shares of Federal Bank Ltd. was last trading in BSE at Rs. 83.15 as compared to the previous close of Rs. 84.25. The total number of shares traded during the day was 514917 in over 2893 trades.
The stock hit an intraday high of Rs. 84.35 and intraday low of 82.7. The net turnover during the day was Rs. 42965868.